Rithm Capital Q1 net income $261.6M; appoints David Zeiden as Chief Legal Officer

Rithm Capital Corp.

2024-Q1 EPS reported $0.54 revenue$1,286,310,000

GAAP net income $261.6M ($0.54/diluted share) vs Q4 loss of $87.5M.
Earnings Available for Distribution $233.2M ($0.48/share); common dividend $0.25/share.
David Zeiden appointed Chief Legal Officer; Philip Sivin transitions to Managing Director, Chief Counsel M&A.
Newrez segment pre-tax income $408.1M, origination volume $10.8B (+21% QoQ).
Acquisition of SLS (Computershare Mortgage Services) targeting Q2 close includes $45B MSR and $104B servicing.

item 2.02 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Philip Sivin

Managing Director and Chief Counsel for M&A and strategic transactions

RITM · Rithm Capital Corp.

Effective: 2024-04-30
Filed: April 30, 2024, 7:59 PM ET

On April 30, 2024, in connection with Mr. Zeiden’s appointment, Philip Sivin transitioned from the role of Chief Legal Officer and remains a key part of the Company as Managing Director and Chief Counsel for M&A and strategic transactions, along with other responsibilities.

Appointed

David Zeiden

Chief Legal Officer

RITM · Rithm Capital Corp.

Effective: 2024-04-30
Filed: April 30, 2024, 7:59 PM ET

On April 30, 2024, David Zeiden was appointed Chief Legal Officer of Rithm Capital Corp.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Rithm Capital Corp. reported first quarter ended March 31, 2024 results: net income $261.6 million, EPS $0.54 per diluted common share.

Period: first quarter ended March 31, 2024
Net income: $261.6 million
EPS: $0.54 per diluted common share
Result: reported results

Exact text from the filing

GAAP net income of $261.6 million, or $0.54 per diluted common share

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Philip Sivin changed role as Managing Director and Chief Counsel for M&A and strategic transactions at Rithm Capital Corp..

Action: transitioned
Role: Managing Director and Chief Counsel for M&A and strategic transactions

Exact text from the filing

On April 30, 2024, in connection with Mr. Zeiden’s appointment, Philip Sivin transitioned from the role of Chief Legal Officer and remains a key part of the Company as Managing Director and Chief Counsel for M&A and strategic transactions, along with other responsibilities.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David Zeiden was appointed as Chief Legal Officer at Rithm Capital Corp..

Action: appointed
Role: Chief Legal Officer

Exact text from the filing

On April 30, 2024, David Zeiden was appointed Chief Legal Officer of Rithm Capital Corp.

View on SEC.gov

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Rithm Capital Corp. filing history →

Source: SEC EDGAR

accession 0001556593-24-000010

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